Goldsource Mines (STU:G5MA) Interest Expense : €-0.01 Mil (TTM As of Mar. 2024)

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What is Goldsource Mines Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Goldsource Mines's interest expense for the three months ended in Mar. 2024 was € -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-0.01 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Goldsource Mines's Operating Income for the three months ended in Mar. 2024 was € -0.77 Mil. Goldsource Mines's Interest Expense for the three months ended in Mar. 2024 was € -0.00 Mil. Goldsource Mines did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Goldsource Mines Interest Expense Historical Data

The historical data trend for Goldsource Mines's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Goldsource Mines Interest Expense Chart

Goldsource Mines Annual Data

Trend

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Interest Expense

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-0.02

-0.01

Goldsource Mines Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Goldsource Mines Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.01 Mil.

Goldsource Mines (STU:G5MA) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Goldsource Mines's Interest Expense for the three months ended in Mar. 2024 was €-0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-0.77 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €0.00 Mil.

Goldsource Mines's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Goldsource Mines did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Goldsource Mines (STU:G5MA) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Goldsource Mines Inc (STU:G5MA) » Definitions » Interest Expense

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GXSFF:USA G5MA:Germany GXS:Canada

Address

570 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 3P1

Website

https://www.goldsourcemines.com

Goldsource Mines Inc is a Canadian resource company. It is engaged in the business segment of the acquisition, exploration, and evaluation of resource properties. The geographical segments of the group are Canada and Guyana. It has a business interest in Eagle Mountain Gold Project, located on the Eagle Mountain Property, in Guyana, South America.

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